Daniel L. Olivier - Aug 23, 2023 Form 4 Insider Report for Yellow Corp (YELLQ)

Role: Chief Financial Officer
Signature: /s/Leah K. Dawson, Attorney-in-Fact for Daniel L. Olivier
Stock symbol: YELLQ
Transactions as of: Aug 23, 2023
Transactions value $: -$118,459
Form type: 4
Date filed: 8/25/2023, 01:45 PM
Previous filing: Aug 16, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YELLQ	Common Stock	Tax liability	-$47.8K	-21.7K	-9.07%	$2.20^*	218K	Aug 23, 2023	Direct	F1
transaction	YELLQ	Common Stock	Sale	-$70.7K	-30.7K	-14.11%	$2.30^*	187K	Aug 24, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On August 23, 2023, 52,448 of Mr. Olivier's restricted stock units ("RSUs") granted on August 23, 2021, vested. On August 23, 2023, 21,714 of the 52,448 shares underlying these newly-vested RSUs were surrendered to satisfy the tax withholding obligation triggered upon the August 23rd vesting. The surrender of shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of RSUs.
F2	The price listed is an average weighted price. The shares reported herein were sold in multiple transactions at prices ranging from $2.28 to $2.38, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

On August 23, 2023, 52,448 of Mr. Olivier's restricted stock units ("RSUs") granted on August 23, 2021, vested. On August 23, 2023, 21,714 of the 52,448 shares underlying these newly-vested RSUs were surrendered to satisfy the tax withholding obligation triggered upon the August 23rd vesting. The surrender of shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of RSUs.

The price listed is an average weighted price. The shares reported herein were sold in multiple transactions at prices ranging from $2.28 to $2.38, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.